China ranks as the world’s biggest gold market.
Is China lying about how much gold they have? I thought they had more than the US.
Tom Luongo had some fascinating information on this in his last podcast. Turns out Chinese gold never leaves China. https://tomluongo.me/2023/09/21/podcast-episode-154-vince-lanci-and-why-gold-is-the-new-black/
Still waiting for capitulation in the markets to add more gold. I can't understand why gold trades with the markets and not inversely. Manipulation could be the only thing that is moving it that way and when that ends, watch out.
Is China lying about how much gold they have? I thought they had more than the US.
Tom Luongo had some fascinating information on this in his last podcast. Turns out Chinese gold never leaves China. https://tomluongo.me/2023/09/21/podcast-episode-154-vince-lanci-and-why-gold-is-the-new-black/
Still waiting for capitulation in the markets to add more gold. I can't understand why gold trades with the markets and not inversely. Manipulation could be the only thing that is moving it that way and when that ends, watch out.